Gold (GC) Mid-day Analysis 05 Sep 2019

Further Advance

Our Pivot:1542.30

Our Preference: Buy above 1548.80 with strict stop loss of 1542.30 and target at 1564.50 and 1570.30.

Alternate Scenario: Downward penetration of 1542.30 will call for 1531.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.